7 Smart Questions to Ask a Cord-Blood Bank
Obviously, price and a compelling Web site aren't the only factors to consider when choosing a bank. Be sure to do your homework before signing up.
- Is the facility accredited by the American Association of Blood Banks? This means its labs, banks, and procedures meet set standards.
- How long has the company been in business? At least five years is best.
- How many units does it store? Look for a bank that has thousands.
- How many successful transplants have been performed with its stored samples? Having at least one demonstrates that its process works, but two or three is better.
- Is the blood stored as a single unit or in several samples? Freezing in portions is preferred so the blood can be tested for potential transplant use without thawing -- and wasting -- the entire sample.
- Is the company private or publicly held? If it's a publicly traded company, you'll have the advantage of reviewing its financials. Many banks are part of larger biotech companies.
- Is the storage fee fixed or subject to increases? You want to know the total price tag up front.
Copyright ? 2006. Reprinted with permission from the April 2006 issue of Parents magazine. Updated 2010
All content here, including advice from doctors and other health professionals, should be considered as opinion only. Always seek the direct advice of your own doctor in connection with any questions or issues you may have regarding your own health or the health of others.